Obama, Merkel to launch world's leading industrial trade fair

US President Barack Obama joins German Chancellor Angela Merkel on Sunday to open this year's industrial trade fair in Hanover, where the US will be the partner nation for the first time.

About 250 US companies focusing on energy efficiency, state-of-the-art production facilities and smart technology will set up exhibits at the Hannover Messe, the world's leading trade fair for industrial technology.

The Messe has also set aside a special research and technology pavilion for about 20 US universities and research institutes to display their wares.

Altogether, about 5,000 companies from 70 countries plan to participate in the four-day industry showcase, with more than 200,000 visitors expected.

"The timing is perfect," said Deutsche Messe's Jochen Koeckler. "In the midst of its reindustrialization, the United States has become a very attractive business partner for industry.

"For German machinery and plant manufacturers, the US is once again the number one market."

Merkel and Obama are also expected to meet Sunday afternoon for talks on key global issues, as well as relations between Europe's largest economy and the world's leading economy. They will then be joined by business leaders for a private dinner.

The president is expected to spend the night in a suite at a conference and events centre called Seefugium, which is a short distance away from the hustle and bustle of the Hannover Messe.

On Monday morning, Obama and Merkel will make the traditional opening tour of the fair.

A US-German business summit is planned later Monday, along with a series of events during the week touching on issues such as energy, engineering, industrial automation and the digitalized factory.

Last update: Tue, 28/06/2016 - 17:25

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